Michelin Tires

Michelin Tires

Michelin Tires - Overview

Michelin Tires is a tire company in France. It is currently considered as one of the two largest tire companies all over the world today. Aside from the Michelin tire brand, this company also owns Kleber, BFGoodrich, Kormoran, Riken, and North America's Uniroyal.

Many of the tire fanatics today identify Michelin Energy, which was introduced sometime in 1980. This particular brand is also noted for coming up with the so-called Green and Red travel guides. Aside from that, Michelin also comes with its roadmaps, which are a great help for those people looking for tire brands that will give them the satisfaction they want.

Michelin offers a great deal of benefits to its customers worldwide as it offers different types of inventions, which are mostly intended for vehicle use and purposes. As a matter of fact, these inventions have become the reasons why Michelin has become renowned in the different corners of the world these days.

Out of the numerous inventions of Michelin, the following are considered as the most notable ones:

  • Removable Tire – basically, this is a kind of tire, which can be easily detached from the body of the vehicle like its name suggests. This gives the person using it the chance to work on with his vehicle tires the easy and convenient way possible.
  • Pneurail – this is a particular type of tire which is intended for train use only. They are train tires which are specifically made to run and glide on the rails.
  • Radial Tire Technology – these kinds of tires are commonly used in modern cars such as the green tires or green cars which are developed to reduce fuel consumption and offer user-friendly interface and configuration.

Michelin Tires Basic Info

Michelin Tires belonging to the Truck and Auto parts industry, and was founded sometime in 1888. It is currently headquartered in Clermont-Ferrand, France and is run by Michel Rollier as the CEO and General Partner and Eric Bourdais de Charbonniere as the Supervisory board's chairman.

Michelin embodies different types of vehicle parts as its primary products particularly tires and travel assistance. It has recorded €17.89 billion worth of revenue in 2010 with an operating income of only €1.695 billion. Michelin's total asset is €19.66 billion as of the end of 2010 and came out with a total equity of €8.127 billion at the end of 2010 too. At the end of 2010 Michelin has employed over 111,100 people.